The roof, sagging floor, and electrical improvements i cannot do.Thanks guys

Part of the agreement was that the seller will pay for $4k of electrical work, which they have.

A good example is a 2 family with structural, electrical and plumbing issues on a home that is 100 years old and needs lots of work but the seller was hoping to get 190,000 and currently includes heat, hot water and electric and is only getting 1100 for the side that is rented. 

I will need to run electricity to the garage from either the 1st or 2nd floor tenants electrical service (just to work on the property, not actually putting electricity permanently in the garage).  

If the building needs plumbing/ electrical updates,  all the guts of those projects will likely be in the basement.  

And you have 2 or more of everything:  heating systems, electrical boxes, kitchens, etc

As a side note, my brother-in-law is a licensed electrician so he is going to do any electrical work, so we were able to save a little there.

The unit currently has an electric stove that is not worth keeping.

Down to the studs and new drywall and flooring and plumbing and electrical? 

The house is all electric and very high efficiency with LED lighting, low flow toilets, brand new heat pump providing heat and air conditioning.The majority of respondents to my renter profile respond that they don't meet the minimum 600 credit score.